11 THE NKG CODE OF CONDUCT UPHOLDING THE NKG CODE OF CONDUCT What is the NKG Code of Conduct The NKG Code of Conduct provides us with best practices for compliant and res ponsible business conduct in accordance with our ethical standards and applicab le laws and regulations It allows us to accept and respect our differences and put them to work together behind a common goal which unites us It reflects our NKG core values and inspires excellence in the workplace by setting forth our Group s mission and beliefs on what we together consider ethical behavior At the same time it defines the correct procedures for confidential reporting of infringements The NKG Code of Conduct has been formulated and unconditionally adopted by the shareholders and management of Neumann Gruppe GmbH NG and NKG in order to enable us to uphold our continued commitment to integrity in our work and pass it on as a guiding core value to future generations at NKG In a time of rapid and volatile global development and questioning of values and processes it anchors us and can give us guidance and a sense of community We understand the NKG Code of Conduct as the inception of a process and a developing and moving target it will require monitoring and input as we move ahead and our world continues to change As the beginning of a path it is less a rulebook than a guide and mapping of targets